Private Limited Company Registration


Register your Private Limited Company with speed, ease and Value Savings

-We will draft and file your application to MCA

-You just need to fill a simple 10-minute Questionnaire

– Simplifying your business journey

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What is a Private Limited Company?

A Company is an association of persons who share common goals. Moreover the owners of the company pool their resources in order to achieve their common goals. A private limited company is a closely held company with restriction to issue shares to public. Thus that it cannot go for an IPO or list their shares on stock exchange for public trading of their shares. Private Limited Company Registration in India is regulated by the Companies Act, 2013 and administered by the Ministry of Corporate Affairs.

Private Limited Company Registration is ideal for Startups who:-

  • Want a Separate Legal Entity with Limited Liability and Perpetual Succession.
  • Want to go for seed funding.
  • Want to issue ESOP’s to their employees.

There are numerous benefits of a Private Limited Company Registration as compared to other forms of companies. A private limited company is the most preferred form of business entity for startups. The owner of the business holds all the shares of the company privately. Shareholders may operate the business themselves, or hire directors to manage the company on their behalf. Registering a private limited company gives protection to the personal assets, financial assistance, access to more resources and greater tax cuts.

Advantages of Private Limited Company Registration

  • The separate legal entity provides immunity to the owner’s personal property or assets in case of bankruptcy.
  • The freedom to easily add or remove members in the company comes with the perpetual succession. There won’t be any harm to the company’s existence.
  • Investors are willing to invest in a private limited company.
  • Registration of a private limited company requires a minimum of just 2 members.
  • Banks easily sanction loans to private limited companies.
  • Private Limited Company is your best option, if you want to expand your company and take it on a global level. Private limited companies and limited companies are the only types of companies that allow 100% Foreign Direct Investment in the international market.
  • The Directors are also usually the main shareholders of the Company. Hence both the ownership and control of the business remain in their hands.
  • The scope of capital expansion as a maximum number of shareholders allowed is 50.
  • Employee stock option program (ESOP) is a source of extra motivation beyond salary. As a result, employees will also have vested interest in the success of the company.

Our Offerings

We promise undivided attention to you, when you choose us for Private Limited Company Registration. Our team of experts ensures that your work is carried out with accuracy and detail. Our CRM system is designed in a way to provide tracking to each client about their work status and hence ensures quick completion of tasks. Our experienced support staff will help you at every stage of your work and advise you wherever needed.

What Is Included In Our Private Limited Company Registration Package?

  • DIN for 2 Directors
  • DSC for 2 Directors
  • Name search & approval
  • MOA/AOA
  • ROC Fees & Pan card

Procedure for Private Limited Company Registration

Documents Required for Private Limited Company Registration

    • Copy of PAN Card of directors
    • Passport size photograph of directors
    • Copy of Aadhaar Card/ Voter identity card of directors
    • Copy of Rent agreement (If rented property)
    • Electricity/ Water bill (Business Place)
    • Copy of Property papers(If owned property)
    • Landlord NOC (Format will be provided)

Steps for Private Limited Company Registration

Step 1: Acquire Digital Signature (DSC)

The Private Limited company registration procedure is completely online and hence it requires digital signature to incorporate a private limited company. It is mandatory for subscribers and directors to have a valid DSC ( Class II or III). You can get a DSC from us in just one day. It is already included in our package. If directors already have DSC this step can be skipped.

Step 2: Apply for DIN (Director Identification Number)

Anyone who wants to be a director in a company has to apply for DIN if he doesn’t have one already. One DIN can be used to become a director in any number of companies. It can be obtained either by filing DIR-3 or directly through SPICe at the time of incorporation.

Step 3: Apply for Name Approval

Names can be submitted for approval through Name Approval form or together with SPICe (INC-32) at the time of incorporation. If Name is not approved in first chance then you can file for resubmission or file SPICe form again. This whole process takes 2-3 days. Please note that DSC and DIN shall not berequired for filling of Name Approval form for reservation of name. Only MCA Account is mandatory.

Step 4: Form SPICe (INC-32)

Complete the application in INC-32 after getting it digitally attested from a Chartered Account or a com-pany Secretary or an Advocate in practise.

Step 5: e-MoA(INC-33) and e-AoA (INC-34)

Before introduction of SPICe these forms were required to filed physically but now they can be filed online at MCA portal along with SPICe ( INC-32). These forms must be digitally signed by subscriber to MOA and AOA. If all the details are duly filled and all the requisite documents are attached the registrar will issue a certificate of Incorporation and CIN (Corporate Identity Number) will be allotted to the company.

Step 6: PAN and TAN Application

Once you receive the certificate of Incorporation apply for PAN and TAN as they would be required for opening a bank account. You can also apply for the same along with INC-32 at the time of incorporation.

Frequently Asked Questions

1. How many directors are necessary for a Private Limited Registration Company?
You need to have 2 directors in order to register for a private limited company. Max. Limit of members is 200. You can go for a one person company if have only one director/ owner.

2. Who can become a private limited company member?
Any adult with the age more than 18 years and with a valid PAN CARD can become a partner of an LLP company. The nationality of the partner does not matters.
3. Does it require the physical presence of the person/ owner for the incorporation of the company?
The entire process of registration is online. So you don’t need to be present in our office or any other office for the incorporation. You just need to send your documents to us through e-mail. You will get your license by MCA through a post at your business address.

4. Are there any hidden or extra charges except the fees paid at the time of registration?
No, really not. You don’t need to pay any extra charges. Our fees are inclusive of all the taxes and charges. We will provide you a detailed invoice of what you paid without any hidden charges.

5. How much time does LegalRaasta.com take to get the Private Limited Company registered?
Generally, it takes 15-25 days to get your company registered. But, it depends upon the time taken by the customer to provide all the necessary documents. The time also depends on the processing speed of the department. In order to get your license quickly, choose a unique and innocent name for your company.

6. Can NRIs/Foreigners become the director of your Private Limited Company?
Yes. They can get the DPIN registered from the ROC. They can also become a majority shareholder in the company. But, at least shall necessarily be Indian.

7. What is the minimum capital needed to form a Private Limited Company?
You need to have a minimum capital of Rs. 100,000 to start a private limited company. You need not have this amount in hand or in your bank account. You can show this amount as the pre-incorporation expense of the start-up. Also, you can show the capital infused in the assets.

8. Do I need to have a proper office address for registration of private limited companies?
No, it is not required at all. You can register your company at your resident address too. You can start your business at your home or even at your garage. MCA team generally does not visits your office.
9. Can a salaried person become the director of a company?
yes, for sure. You can become the director of any type of company. You need to go through the employment rules if that allows you to do so.
10. Is my LLP convertible to a Private Limited Company?
No, you are not allowed to do so. It is not mentioned in the companies act, 2013 of either LLP or PLC. However, if you are planning to expand your business, you can register a new PLC with the same name as of the LLP. LLP just need to issue a NOC for the same.